Antitrust Law Daily Wrap Up, ANTITRUST NEWS: Canada Competition Bureau and China’s NRDC sign cooperation agreement, (Feb 1, 2016)
By Michael Menzhuber, J.D., LL.M.
The Canada Competition Bureau has entered into a Memorandum of Understanding (MOU) with China’s National Development and Reform Commission (NDRC), the two agencies have announced.
The MOU will support communication and collaboration between the Bureau and the People’s Republic of China (PRC) in the fields of competition law enforcement and policy. Both countries will work collaboratively on matters that are of mutual interest by: (1) sharing experience and views; and (2) keeping each other informed of policy and enforcement developments.
This is the third competition cooperation instrument signed between the Bureau and one of China’s three antitrust authorities. In March 2015, the Bureau signed an MOU with the State Administration for Industry and Commerce of the PRC. In May 2015, the Bureau signed an MOU with the Ministry of Commerce of the PRC.
News: Antitrust